Tag Archive for ‘employment data’

Where are the Trades?

From 2006 to 2011, over 1.5 million trade contractors left the market. In spite of 111,000 unfilled positions as of August 2013, employees are not returning as rapidly as one might expect. In fact, a recent survey found the cost and availability of labor to be second most significant issue faced by builders behind only building material prices. Relatively poor… Read More ›

Consumer Confidence Holds Steady in April

The Conference Board’s Consumer Confidence Index (CCI) and the University of Michigan Consumer Sentiment Survey both pointed to consumer confidence remaining generally unchanged between March and April 2012. Nonetheless, viewing the overall indexes from both surveys using a 3-month moving average, one can still see an appreciable increase in consumer confidence since the third quarter of last year. The current… Read More ›

Construction Hiring Slows While Overall Hiring Increases, per November JOLTS Data

Job Openings and Labor Turnover Survey (JOLTS) data for November from the Bureau of Labor Statistics indicates improving hiring conditions for the overall economy. While total job openings for all non-farm sectors were essentially unchanged at 3.2 million, total hires increased to 4.1 million, which is tied with September of 2011 for the most number of hires since the Fall of 2008. The… Read More ›